The promise of real estate investing? You’ve probably seen the ads and can imagine it now: Long, lazy days on a beach in the Caribbean. Snorkeling today, reading your favourite book again tomorrow. All this possible with real estate properties that pay you tens, hundreds of thousands of dollars… for doing nothing!
The reality of real estate ownership? Phone calls with property managers. Printing, filling out, scanning and mailing documents back to the bank and your legal team. Entering expenses into spreadsheets and accounting software, overseeing (or potentially doing) renovations, negotiating insurance and managing a team.
And the truth? Not all real estate investing is passive - in fact, a lot of ISN’T!
Today, I’m joined by my husband and business partner, Troy Michaud, to talk about the realities of real estate investing and BUST the myth of “passive” real estate and tell you the good, the bad, and mostly just the truth.
Show Notes: http://www.lisamichaud.com/podcast/72
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